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  • Peterborough Social Impact Bond: An Independent ... - Gov.uk

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Peterborough Social Impact Bond: an independent assessment Development of the PSM methodology Si n Cave (QinetiQ) Tom Williams (QinetiQ) Darrick Jolliffe (University of Leicester) Carol Hedderman.

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In 2012, in partnership with the City of New York and Bloomberg Philanthropies, Goldman Sachs finances the first social impact bond in the United States, a US$9.6 million loan aimed at reducing the rate of recidivism among adolescents incarcerated on Rikers Island.

Goldman Sachs is a pioneer in the creation of the “social impact bond” - an innovative and emerging financial instrument that leverages private investment to support high-impact social programs.

The first SIB was launched by UK-based Social Finance Ltd. in September 2010.

SIBs were first launched in 2010 through a United Kingdom program called Social Finance UK. The UK program sought to reduce the rate of recidivism at Peterborough Prison in Cambridgeshire [2]. Following the UK program, SIBs took off and landed on American soil in 2012.

The impact bonds market As of January 1, 2022, there are 221 social and development impact bonds in 37 countries around the world, including 21 in low- and middle-income countries (LMICs).

The world's first social impact bond was a project aimed at lowering the reoffending rate in Peterborough. Social Finance pioneered the world's first social impact bond (SIB) in 2010. The objective was to reduce reoffending among short-sentenced offenders leaving Peterborough prison.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232